Commentary

Brian Decker
Traders Magazine Online News

Three Reasons the "Downs" Have Greater Impact In An "Up and Down" Stock Market

Brian Decker, a financial planner and founder of Decker Retirement Planning Inc., argues that it is much more important for investors to consider the downside in turbulent markets than the upside.

Traders Poll

Is the adoption of electronic trading in fixed income on par of that in the FX sector?




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May 31, 2004

Cantor's eSpeed Raids Bloomberg

By Staff Reports

Kevin Foley, a veteran trading industry executive most recently working with Bloomberg Tradebook, has joined eSpeed, a move that has generated a buzz in trading circles.

Foley, who had been serving as CEO at Bloomberg Tradebook, has been named president of eSpeed. Foley will oversee the creation and expansion of eSpeed's foreign exchange, mortgage-backed securities and equities platforms.

Foley's new boss, Howard Lutnick, Chairman and CEO of eSpeed, said Foley will "define the next generation of trading technology for the global capital markets." Foley also will be working on promoting the use of eSpeed's software and proprietary products.